# Channel Wealth, LLC

> Channel Wealth, LLC is an SEC-registered investment advisory firm in Santa Barbara, CA, registered since 2022, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 7, 2026.

- CRD: 323461
- Filed as: CHANNEL WEALTH, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Santa Barbara, CA
- Filing period: October 2026
- Form ADV filing dated: April 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/323461
- AdvisorCensus page: https://advisorcensus.com/firm/channel-wealth-llc-santa-barbara-ca-323461

## Quick answers

**How is Channel Wealth, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Channel Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**How much does Channel Wealth, LLC charge?**
Its Form ADV Part 2A brochure dated April 7, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Channel Wealth, LLC located?**
Channel Wealth, LLC's principal office is in Santa Barbara, CA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Channel Wealth, LLC registered with the SEC or a state?**
Channel Wealth, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 323461.

**How much does Channel Wealth, LLC manage?**
Channel Wealth, LLC reports $850,851,480 in regulatory assets under management in its Form ADV filing dated April 7, 2026 (99% discretionary).

**How have Channel Wealth, LLC's assets and staff changed since 2023?**
In the Form ADV data for Channel Wealth, LLC: Regulatory assets under management: $392,771,527 in the October 2023 data and $850,851,480 in the October 2026 data, up 117%. Total employees: 14 in October 2023 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Channel Wealth, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,132); high net worth individuals (842); pension and profit sharing plans (but not the plan participants or government pension plans) (21).

**Which custodians does Channel Wealth, LLC use?**
Channel Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Channel Wealth, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/323461

**Does Channel Wealth, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated April 7, 2026 says: "Channel Wealth does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."

**What changed in Channel Wealth, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 10 to 8. No longer lists an office in Santa Barbara, CA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated April 7, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> Our annual fee ranges up to 2.0% annually and is assessed and/or charged quarterly in advance, based on the daily average balance value.

- Account minimum: None

> Channel Wealth does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $850,851,480
- Discretionary: $840,917,084
- Non-discretionary: $9,934,396

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,132 | $174,147,285 |
| High net worth individuals | 842 | $633,286,592 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 21 | $8,862,326 |
| Charitable organizations | 11 | $23,361,226 |
| Corporations or other businesses not listed above | 13 | $11,194,051 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Other

### Firm details
- Registered since: 2022 (3 years)
- Employees: 17 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, MA, NC, NV, OR, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Rancho Santa Margarita, CA

### Websites listed on Form ADV (Item 1.I)
- channelwealth.com
- LinkedIn @CHANNEL-WEALTH

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $392,771,527 | 14 | September 29, 2023 |
| October 2024 | $530,542,800 | 15 | June 18, 2024 |
| October 2025 | $833,014,360 | 17 | July 11, 2025 |
| October 2026 | $850,851,480 | 17 | April 7, 2026 |

Regulatory assets under management: $392,771,527 in the October 2023 data and $850,851,480 in the October 2026 data, up 117%.
Total employees: 14 in October 2023 and 17 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 10 to 8.
- No longer lists an office in Santa Barbara, CA.

### January 2026
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Channel Wealth, LLC (CRD 323461): Form ADV filing data as of October 2026.